03/Jan/2009 Chancellor on brink of second bailout for banks
Banks have been bailed out again by the fed over the past week. This is why Bitcoin was designed.
The system is failing.
Bitcoins downtrend looks to broken. Liquidity will be injected into the economy to save all the banks. This is great for Bitcoin/Commodities and bad for the economy.
Much higher prices are likely. Looking for Wave (iii) targets anywhere between the (2.24-3.168) Fibonacci
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